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MENAPT Funding Rounds December 2024 vs December 2023
The MENAPT region’s funding activity in December 2024 remained largely stable year-over-year, with US $1.57 billion raised across 76 deals, compared to US $1.55 billion across 99 deals in December 2023. While overall funding was flat, the decline in deal volume reflects a shift toward larger, high-value transactions aligned with the rest of the year.
The UAE dominated the landscape, accounting for US $888.9 million across 16 deals, driven by three mega-rounds. Notable deals included Quantix Technology’s US $500 million financing and Cadena’s US $183 million Series B in SalesTech.
Israel secured US $558.5 million across 19 deals, including a US $305.5 million debt financing round by energy company Nostromo.
MENAPT's performance in December highlights its resilience and adaptability amid global economic challenges, sending strong signal for sustained growth in 2025.
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